埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 2625|回复: 0

[其他] Interesting article about Oil

[复制链接]
鲜花(0) 鸡蛋(0)
发表于 2009-1-13 18:58 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
--------------------------------------------------------------------------------
% J1 D& ]. n  M. J; gBelow is an Interesting article I found, which says that.....Do not / \# Q0 c/ r9 A
expect much from Crude Oil producers and future is not with the
+ M! }4 }" Y0 J/ D) U( _' J7 Acompanies producing Jet fuels but Biofuels. Also no wonder if some of 4 l$ H+ a# f1 `! L' P/ s& \* r
these oil producer will go bankrupt or out of the business even if
- F0 b7 @2 |* L0 y( D& Lcrude prices improves. This implies also to good names such as Shell, 2 h: N) x, r  ]- n/ z3 H' }
EXXON, BG, BP, Cheveron ....xyz.. oils
" h! P# e+ Y( I3 n$ E  h
5 t$ J* b- J$ `0 KRecently OPEC reduced crude oil production twice over just a few
! Y, K- q! I+ Smonths. There are three wars going on in Gaza, Iraq and Afghandistan.
( c1 h9 [" x6 U0 z) z. U) Y* TA year ago these things would have spiked the price of crude oil by at
; e- f4 ~' H1 [- e5 V5 Kleast $50.00 per barrel. Today, oil price declined by a record amount. 0 Z7 Y, D' R# S- b
5 u4 C7 q) F  R; d* p' h# I5 f- K
" a. J: x" N. k
There are several reasons the price of oil is decreasing in the face
5 S3 [9 @! [+ J) E( b2 \of so much news. These reasons are:
2 L5 ^# d6 ?) B& I
+ a  |" i4 q0 R' M- `/ o$ C1 N8 c& ]& Y
1. New oil has been found in Canada, Montana, North & South Dakota and 7 C  s2 I2 k9 d* _+ V- f% ^7 C8 X
in the ocean near Brazil. Each of these oil fields has more oil than   B  h7 Y: c8 h
Arabia.
% n# ^0 |9 m; U9 q* B; s& s; g  F7 B/ u! C  A. J; a% c) M
6 |; Z' w' G" K# z
2. New natural gas has been found in Pennsylvania and West Virginia. + z2 m5 M2 H4 Y5 I
This is the largest find in North America. 4 O/ J) t- W" V3 ?
+ u$ ^; ~# `  n8 J, w

; X: B2 P$ S3 o3 L3. New methods of injecting CO2 and surfactants into oil wells is 2 }; P3 ?% ?3 b2 t5 Z4 R% ^
being used to double their output. # u8 M0 v3 K" e+ F* C) V6 u* D
( V* s0 u0 }9 o, [% m

* i0 ]% H  ^+ |5 @- D" x! e4. Production of bio-fuels is beginning to reach critical mass. Bio 5 g! X0 ~) t, B2 Q4 W+ K
fuel is being produced from many plants and algae. The production / z' o% S0 c+ Y5 E' a
potential per acre in some cases is astounding. Many countries are
( S& W# Y4 c) B* t  Gracing to produce bio fuels. , O1 _8 X8 R5 p9 v3 x% a# Z

) N! m/ M% v# T; @- D( I. C
' t2 L% m+ a( X" @( ]5. Virtually every restaurant in the US and all food processing plants   ~9 f( D+ E/ s6 o- g9 O4 U6 Y' K
are now selling their used oil to bio-diesel producers. Every pork, 9 ^+ C' ?& Y6 P8 H% x
cattle, turkey and chicken processing plant will soon sell their fat 0 P8 `% }: X1 G. i/ y( m* ?
to bio-diesel producers. One pork processing plant in Oklahoma is 3 Y% Y# Q0 j/ t7 r* X2 ?+ r4 ?4 R  a
producing 30,000 gallons of bio-diesel per day from pork fat.
' g% n% e2 @8 u3 B" q& q9 |/ m( ^$ U4 ?; j

, r& g6 b- K: ^" n: B. \6. There are 99 nuclear reactors in various stages of planning and
- H; t! z9 @9 j: R) Lconstruction around the world at this time. Several hundred more are " |% G: c6 N4 O& m* q7 y9 t
expected to be built in the future. Much of the energy they produce ! L; z4 f3 u8 a/ N' W$ ?- F3 o
will replace oil. 0 K2 u" N) [% w& `0 Y

1 j  N! t' E2 k9 V4 l8 Y2 ]( @. D; k
7. Every company in any form of transportaion business is replacing
. r2 W9 O/ @) n/ Eolder equipment such as trucks, airplanes, train engines, ships, etc. - m; I- l  {/ c2 l: u8 W
with new more fuel efficient equipment. Airlines and railway companies
. E8 z: m. r( ]4 S  L' a' [are experiencing 20% to 25% better fuel econony with the new % w" }7 P& J2 h- W) j
equipment.   j$ i% E, w3 G( Y$ E

8 ]- m3 O; v+ i) p( D2 X
2 z  @) t7 A* S6 u, h7 [2 V* ^Airlines are flying airplanes with bio-fuel. They are finding the bio- & l$ i, ^) X* N7 L
fuel is cleaner and performs better than jet fuel. * m2 j8 X6 V$ U4 l; y4 s
, @, j7 G$ p/ D+ d4 r( x
7 Z* Q8 o% v: e. |
8. Cities and counties throughout the US are selling the rights to % X+ N' _  \% V" k- ]
capture methane gas from landfills. This is a huge source of gas
' c3 x) R/ n# P; p" S) Savailable at very little cost or risk. The gas is displacing crude
  J$ R7 B1 J3 L, d1 `. h- {oil.
* E3 {8 o$ X& k6 o) T4 z% p
! r$ V" _% b) s! Y/ ~* G2 ^/ U
9. Coal is being transformed into a clean burning liquid fuel. The CO2
  T8 d' ~" S& Z# \6 ]  Q/ ?produced as a byproduct is sold to oil companies for injection into
: x1 H8 Q7 a; i/ i( B3 K! zoil wells. / }; j; C8 ?& r3 @9 R

2 X: N1 @6 o' X& J" C8 ]
7 U; M) S" O3 K7 L, w2 k10. Solar, wind and ocean energy is displacing oil as an energy , J) I# ~5 j, |: o, G* Q! [# n
source. Three new wind turbines are being erected every day in the US.
( V3 J; I9 T2 e$ j5 P/ x' V2 k2 h  x. w
5 k& h8 K+ L/ V4 q0 y! e
Each of the above by itself will not make a large difference in the
& C* x# J' `. o5 n- `/ Gprice of crude oil but the sum of all of them together is world
+ x: P2 U; x. N  U6 S" Ychanging. The important thing is that OPEC no longer has the ability
, D2 O- a" ]6 M* L( j$ x6 l, uto control oil prices. 0 d9 w/ h% k1 b) |9 Q
% K6 S" F5 C/ E( N% C$ y

4 T0 K7 h1 t4 f, UWith the above scenario, I still believe that there are under
3 t  K1 V1 s. J! Rperformed OIL companies and probably they are yet to get the justified
: _1 n$ d! I2 [value .....
; y) f: S1 R5 z: j2 O+ P3 C/ tIAE- Ithaca , EPL Energy Partners Ltd, Opti etc ... ! A) K" H# L, H3 s7 }
$ u$ g. v: I$ l, P
$ K7 V# |  X- ~$ k% L1 u1 H
The above articles are from WSJ .............PUBLISHED ON 9TH JAN 7 D6 d9 h2 X. S, \
2009 ... FYI-Only
理袁律师事务所
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-7-11 22:02 , Processed in 0.111378 second(s), 11 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表